File this under “rumor” but there maybe a bit of fact in this story from Huffintgton Post about the rampant speculation that Apple will be unveiling the new generation iPhone at its Worldwide Developers Conference (WWDC) June 7-11. As you remember, that’s where Apple launched the new 3GS last year.

Why do we believe this rumor? For the simple reason that AT&T reportedly is limiting employee vacations between June 15 and July 15 due to “the iPhone launch.”

No word on how much the new one will cost, but certain outlets are already slashing prices on the “old” model. More news as we get it.